Azzez Steel Corporation v. Dhanalakshmi Bank
Case brief
What is this about?
The Debt Recovery Appellate Tribunal in Chennai dismissed an application for waiver of filing fees. The court found the appeal to be set out of court after the appellants paid the settlement amount under a deed, making the sub judice matter unnecessary to proceed further.
What did the court decide?
Application for waiver dismissed; underlying appeal rejected as matter settled out of court.
What the court decided
IN THE DEBT RECOVERY APPELLATE TRIBUNAL AT CHENNAI
Dated the 17th Day of March, 2025
PRESENT: HON'BLE MR. JUSTICE G. Chandrasekharan CHAIRPERSON
IA 362/2024 (Waiver)
In
AIR (SA) 1523/2023
(Arising out of TSA 65/2023 on the file of DRT - III, Chennai)
Between
- M/s.Azeez Steel Corporation A partnership firm rep. by its partners Mr.S.A.Thameem Ansari Mr.S.A.Sadakathullah and Mr.R.Zakir Hussain No.67, Sembudoss Street, Jones Lane Broadway, Chennai – 600 101
- Mr.S.A. Thameem Ansari (Partner) M/s.Azeez Steel Corporation No.67, Sembudoss Street, Jones Lane Broadway, Chennai – 600 101
Also at: Mr.S.A. Thameem Ansari M/s.Azeez Steel Corporation No.247, Steel City Poonamallee by pass road Poonamallee Chennai – 600 056
Issues for consideration
1 issue framed by the court
Whether the appeal is withdrawn as the appellants have settled the amount out of court.
Parties & counsel
- appellant
M/s. Azeez Steel Corporation
- respondent
Dhanalaxmi Bank Limited
Coram
G. Chandrasekharan
Case details
As recorded by the court registry
- Court
- DRAT
- Decided on
- · March
- CNR
- 331090015232023
- Topic
- Banking and Recovery
All orders in this case
4 orders share this CNR
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